The financial expert gave the Russians the reasons for tightening the installment rules

The rules for consumer installments have been tightened due to the risk of increasing the credit burden on the population. This was stated by financial market expert Andrey Barkhota on Monday, December 8.

According to the expert, the problem was that the control of this instrument by the Central Bank (CB) was quite lenient.

New installment payment rules have been introduced in Russia since December 1. Now their maximum term is six months, the late payment penalty does not exceed 20% of the debt amount, and large loans must be registered with the credit bureaus.

"In fact, an installment plan, an installment card, is like a credit card. It's just called something else. The Bank of Russia's concerns were that they are not regulated like credit cards, but much more gently," he said in an interview with the "Paragraph".

Barkhota added that the second reason for limiting installments is the regulator's desire to reduce inflation by limiting consumption and slowing the economy.

What will change in the lives of Russians from December 1

Pension indexation, increased recycling, the introduction of digital passports, stricter requirements for developers and other innovations

Earlier, on December 5, CMAKP analysts estimated the likelihood of a systemic banking crisis in Russia before October next year as average, RT reports.

They noted that there is no crisis now, but the growing share of "bad" loans in loan portfolios indicates increased risks. Such debts include loans with a delay of more than 90 days and a low probability of repayment, writes Pravda.Ru . According to the BCI "Scoring Bureau", as of October, their volume reached 2.3 trillion rubles. In nine months, the increase was 1.6 times more than in the whole of 2024.

In turn, financial analyst Egor Lopatin said in an interview with NSN that banks were accumulating capital in order to reduce the likelihood of a systemic crisis.

Over the past 10 months of 2025, the number of consumer loans in Russia has decreased significantly, writes Moscow 24. The volume of consumer loans issued decreased by 48.1% compared to the same period in 2024.

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